501, Mazaya - Tala 2 (Queue Point - R098)
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Mazaya - Tala 2 (Queue Point - R098)
What is 501 worth today?
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Source: Dubai Land Department. Updated 15 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 5th of 6
- Parking
- G-39
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 10,100 /yr
- Last sold
- AED 583K · April 2009
About 501, Mazaya - Tala 2 (Queue Point - R098)
501 is a one-bedroom apartment of 846 sqft on the 5th floor of Mazaya - Tala 2 (Queue Point - R098), a 6-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 8 April 2009 for AED 582,717, or AED 688 per sqft, in line with the AED 686 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 38,962 a year: a gross yield of 6.7% on the 2009 price, before the service charge of about AED 10,100 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya - Tala 2 (Queue Point - R098), and where 501 sits
All 36 1-beds →501 last sold in April 2009 at AED 688 per sqft, in line with what one-beds in Mazaya - Tala 2 (Queue Point - R098) were fetching at the time (AED 686).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Dec 20237 December 2023 | 624 sqft | 270,000 | 432 | ||
| 7 Aug 20237 August 2023 | 841 sqft | 390,000 | 463 | ||
| 26 Jul 202226 July 2022 | 572 sqft | 228,500 | 399 | ||
| 17 May 202217 May 2022 | 624 sqft | 310,000 | 496 |
Mazaya - Tala 2 (Queue Point - R098)
Building55 apartments, 1-bed to 3-bed over 6 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 3 sold in the last 12 months.
- Typical price per sqft
- AED 752
- Typical sale
- AED 850K
- Typical rent
- AED 82K /yr
- Typical yield
- 9.9%
Other units on the 5th floor
All 55 units in Mazaya - Tala 2 (Queue Point - R098)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 1,743 sqft | AED 808KAED 808,207 · Feb 2021February 2021 | 75,075 /yr | |
| 503 | 2-bed | 1,606 sqft | AED 1MAED 1,000,000 · Mar 2025March 2025 | 85,000 /yr | |
| 504 | 2-bed | 1,604 sqft | AED 1.15MAED 1,152,317 · Apr 2009April 2009 | 86,000 /yr | |
| 505 | 3-bed | 1,746 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 130,000 /yr | |
| 506 | 1-bed | 846 sqft | AED 370KAED 370,000 · Jan 2021January 2021 | 27,000 /yr | |
| 507 | 1-bed | 623 sqft | AED 486KAED 486,153 · Apr 2009April 2009 | 32,000 /yr | |
| 508 | 1-bed | 616 sqft | AED 486KAED 486,153 · Apr 2009April 2009 | 37,000 /yr |
501, Mazaya - Tala 2 (Queue Point - R098) in numbers
- Sold once: by Al Mazaya Real Estate on 8 April 2009 for AED 582,717, or AED 688 per sqft.
- Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 28,000 in 2021 and recovered to AED 38,962 by December 2024.
- At AED 38,962 a year the gross yield on the 2009 price is 6.7%, before a service charge of about AED 10,100 a year (AED 11.98 per sqft).
Source: Dubai Land Department. Updated 15 December 2024.
Questions about 501, Mazaya - Tala 2 (Queue Point - R098)
What did unit 501 last sell for?
AED 582,717 on 8 April 2009, sold by the developer: AED 688 per sqft for 846 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 38,962 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 35,420; the unit has been rented since November 2014.
How big is unit 501?
846 sqft (78.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 501, Mazaya - Tala 2 (Queue Point - R098)
Starts from the last sale price (AED 583K, 8 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 582,717
- Deposit, UAE resident (20%)
- AED 116,543
- Deposit, non-resident (40%)
- AED 233,087
- Monthly over 25 years at 3.7%
- AED 2,384
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →